Supply Chain Management Professional (SCMP) · Question
In the context of Canadian public procurement, what is typically the preferred method for obtaining goods and services above a certain monetary threshold?
Open competitive tendering ensures fairness, transparency, and value for money by publicly soliciting bids from all interested qualified suppliers. It is mandat
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Question: In the context of Canadian public procurement, what is typically the preferred method for obtaining goods and services above a certain monetary threshold?
Answer options:
- Direct negotiation with a single supplier.
- Invitational tendering (selective bidding). ✅ Open competitive tendering (public advertising).
- Sole-source procurement without justification.
Correct answer: Open competitive tendering (public advertising).
Explanation: Open competitive tendering ensures fairness, transparency, and value for money by publicly soliciting bids from all interested qualified suppliers. It is mandated for higher value procurements.
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